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Goldsands Development Company (GSDC)

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Last Post: 11/14/2016 1:17:13 PM - Followers: 23 - Board type: Free - Posts Today: 0

The Logic of Big

Success in developing a gold deposit can mean fortune-making success for early investors. But gold mining is a hazard-filled business, especially in a project's earlier stages.  Accepting those risks only makes sense when the potential pay-off is big -- and then it can make very good sense. That's the logic of big. Concentrate on large prospects. Devote resources to exploration and development only where there is the visible potential for an elephant-size reward.

Our Big Commitment

Constitution Mining is committed to the logic of big as the smartest way to build value for our shareholders.

  • To find elephants, go to elephant country. The Earth is dotted with small gold deposits. But only certain districts offer the possibility of developing multi-million-ounce resources.
  • Go where elephant-hunting is respected and encouraged. Avoid locales with unreasonable political risks.
  • Go with proven elephant hunters. That means assembling a management team with big-mine experience and working with industry partners that share the Go-Big philosophy.

What We're Doing In Peru

Constitution Mining controls 461 square kilometers (178 square miles) of Gold Sands in northeastern Peru. Previous exploration identified the Peruvian Gold Sands as a possible "elephant" deposit of alluvial gold - and big even by elephant standards. CMIN reported on March 26th, 2010 that it has successfully completed a 26-hole exploratory Phase I drill program designed to test the company's entire Gold Sands property package - including the recently optioned extensions to the north and south. Subsequently, the Company announced on March 31st it had ordered two more Banka drills and was ramping up drilling capacity in advance of an upcoming Phase II drill program. Click here to LEARN MORE

What We're Doing In Nevada

CMIN reported on April 1st it had executed a definitive and binding Asset Purchase Agreement with Seabridge Gold on 30 Nevada-based gold projects comprising 2,141 claims, mostly located in the heart of Nevada's prolific Walker Lane gold belt. The most advanced project in the package of mineral claims is the Castle Black Rock gold project in Esmeralda county, which has an NI-43-101-compliant gold resource of 215,000 ounces in the measured and indicated categories (12.38 million tonnes grading 0.54 gram of gold per tonne) and 93,000 ounces in the inferred category (7.95 million tonnes grading 0.37 gram of gold per tonne). Management considers the potential for the Company to expand on the existing base of 308,000 ounces of gold resources in Nevada to be high. Click here to LEARN MORE

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Current Price
Bid Ask Day's Range
#2071   .0006 lotto ticket at best at this point. PENNYBUSTER 11/14/16 01:17:13 PM
#2070   Volume out of nowhere, crazy, but don't get ChrisKo 04/24/15 01:39:28 PM
#2069   $GSDC now 0025 up 213%!!!! osu78OnFire 04/24/15 01:34:19 PM
#2068   She looks really good BeardOfWallSt 04/24/15 01:34:15 PM
#2067   $GSDC @ .0022! Estrella 04/24/15 01:28:31 PM
#2066   Whats cooking here? etcetera 04/24/15 01:28:01 PM
#2065   002s are in! Can we have 003s pls! osu78OnFire 04/24/15 01:27:51 PM
#2064   We got a runner. Caveat Emptor 04/24/15 01:23:51 PM
#2063   $GSDC @ .0015! Estrella 04/24/15 01:22:39 PM
#2062   $GSDC @ .0012! Estrella 04/24/15 01:12:53 PM
#2061   What's going on here? Caveat Emptor 04/24/15 01:12:26 PM
#2060   $GSDC @ .0008! Estrella 04/24/15 01:08:02 PM
#2059   GSDC seems to be bottom out? 0.0011x0.0014 AOuvier 10/16/14 01:03:11 PM
#2058   LMAO when the pumpers leave it means they EmptyBones 06/10/14 01:42:55 PM
#2057   ~ $GSDC ~ Penny Roger$ 08/15/13 08:35:16 AM
#2056   ~ $GSDC ~ Daily Par Sar Buy Signal Penny Roger$ 07/10/13 10:42:35 PM
#2055   is there anyone still out there?? tropicomfs 06/25/13 02:30:56 PM
#2054   where did all the pumpers go? alfredee 12/06/12 11:16:38 AM
#2053   I don't get this company anymore. Everyone tropicomfs 12/06/12 09:59:54 AM
#2052   me2 !!!! etradebull 11/29/12 09:53:51 PM
#2051   GoldSands Announces Termination of Mineros SA Agreement moosie 11/17/12 01:22:34 PM
#2050   The only asset the company holds is the tropicomfs 11/12/12 10:06:09 AM
#2049   what does that mean.. i don't understand.. plus rivratt 11/09/12 02:35:00 PM
#2048   on watch, i'm a buyer in the trip zero's alfredee 11/08/12 01:25:04 PM
#2046   I think the fat lady has sung! tropicomfs 11/07/12 02:59:47 PM
#2045   I recall him telling me that HE posted tropicomfs 10/17/12 08:22:48 PM
#2044   pics are worth a 1,000 yes rivratt 10/17/12 08:03:17 PM
#2043   I know that he posted the last PR tropicomfs 10/17/12 07:58:10 PM
#2042   i have spoken with Mr. Smith and i rivratt 10/17/12 07:46:59 PM
#2041   I spoke with David Smith about 2 weeks tropicomfs 10/17/12 04:23:51 PM
#2040   has any one on here received any response rivratt 10/17/12 03:31:12 PM
#2039   GSDC .045's now SuperC 10/08/12 03:54:35 PM
#2038   GSDC .04 strong move EOD now SuperC 10/08/12 03:53:33 PM
#2037   on watch next week~ balamidas 09/30/12 01:27:34 AM
#2036   GSDC .0205 looking sweet closing at .0205 twice SuperC 09/29/12 04:51:19 PM
#2035   on watch next week~ balamidas 09/01/12 12:25:03 AM
#2034   GSDC .018 about 3x 10day avg vol, SuperC 08/31/12 05:09:36 PM
#2033   Indeed, this is encouraging news for GSDC. Moosie1044 08/06/12 08:58:46 PM
#2032   If it wasn't for past disappointments I would deepsea104 08/05/12 11:18:12 AM
#2031   Here is the URL for the Aug 2 update deepsea104 08/05/12 10:48:17 AM
#2030   I am on mobile, I think it is sdave2002 08/03/12 10:35:51 AM
#2029   Haven't received anything yet. Can you share tropicomfs 08/03/12 10:28:35 AM
#2028   Email from GSDC. Anyone else get it? sdave2002 08/03/12 09:36:00 AM
#2027   Just checking out details. Can't find Saramiriza, Peru Thompson 07/24/12 01:23:08 PM
#2026   come on people you should of known this rivratt 07/13/12 04:56:37 PM
#2025   another six more months,i pity the fool. lol alfredee 07/13/12 02:23:13 PM
#2024   Just spoke with David Smith. Mineros has tropicomfs 07/13/12 01:25:08 PM
#2023   I just looked on the Mineros web site HankVerde 07/10/12 04:46:30 PM
#2022   Unfortunately, I am in so deep with this HankVerde 07/10/12 04:23:13 PM
#2021   I think if there is info to obtain tropicomfs 07/10/12 01:54:04 PM